Course Overview
Our comprehensive upskilling course, spanning 250+ hours, is designed by senior actuaries to equip you with the most foundational actuarial skills, essential for mastering 95% of advanced actuarial concepts. Through real-world projects, you’ll practically implement every theoretical concept.
In just 6 months, you’ll learn what typically takes 4-5 years on the job, making you a top candidate in the eyes of employers. Our alumni have secured 40% more job offers and promotions, earning 35% higher salaries than their peers.
What You’ll Learn
- Model Mastery: Build robust actuarial models for various life insurance products, addressing complex scenarios and features.
- Pricing: Using the models, cashflow projections and accurately determining the policy prices while considering multiple parameters.
- Advanced Analysis: Conduct in-depth actuarial analysis to assess risk and profitability.
Download LIAMPA Brochure
Course Highlights
22 Modules
250+ Hours Of Learning
Duration
180 Days Access
Bonus Offerings
1 Year Free Access
Course Format
Recorded media
Certificate
Verifiable & Shareable
Developed by Experts
Real world projects
Regular Course Upgrade
Community Support & Networking
5 Star Ratings
Skills You Will Acquire
LIAMPA Certification delivers core actuarial learning through 22 comprehensive modules, equipping you with essential actuarial skills in modelling, pricing, and reserving. By the end of this certification, you’ll be proficient in these critical areas, ensuring you’re well-prepared for the actuarial field.
Our structured curriculum is divided into four parts, focusing on various aspects of conventional and linked life insurance products. Real-world case studies and practical assignments will solidify your learning and enhance your understanding of complex actuarial concepts.
Module 1 - 7
These modules will focus on building modeling skills while developing a conventional life insurance product. Some of the topics are :
- Understanding Different Components of Model
- Process of Modeling
- Model Design / Structure
- Model Decisions, Approximations & Judgement
- Building Inputs : Data & Assumptions
- Monthly Cashflow Projection
- Decrement Modeling
- Calculating Reserves, Profit Signature & Solvency
- Building Metrics & Analysis Tools
- Building Automations
- Extending Model Capabilities
- Exercises, Quizzes & Assignments
Module 8 to 11
These modules will discuss advanced aspects of modeling. Some of the topics are :
- Model Governance
- Best Practices of Modeling
- Optimization
- Understanding Errors in the Model
- Validation Methods
- Model Development Lifecycle
- User Acceptance Testing
- Developing Analysis & Testing Template
- Different Types of Model Documentation
- Exercises, Quizzes & Assignments
Module 12 to 16
These modules will discuss pricing & analysis through use of model. Some of the topics are :
- Product Design
- Process of Pricing & Its Iterative Nature
- Calculation Methods
- Profit Criterion
- Building Premium Rate Calculation Functionality
- Premium Adjustment Methods
- Considering Business Strategy
- Building Financial Projections
- Analysis - Sensitivity, Scenario & Stress Testing
- Reporting to the Regulator
- Pricing Controls
- Exercises, Quizzes & Assignments
Module 17 to 22
These modules will discuss modeling & pricing in case of linked products. Some of the topics are :
- Understanding the Product
- Model Structure
- Identification of Required Components
- Building the Model
- Extending The Model Capabilities & Complexity
- Understanding the Pricing Process
- Profit Testing
- Considering Business Strategy
- Building Financial Projections
- Analysis - Sensitivity, Scenario & Stress Testing
- Exercises, Quizzes & Assignments
Case Studies
Multiple case studies to enhance your learning through different scenarios. We are constantly adding more case studies to our courses
Bonus Offerings
1-on-1 Doubt Resolutions
Email your doubts & we will revert back with answers. If required, we can arrange a 1-on-1 call with our experts
Recruiter Network
We use our community & industry connections to keep updated about vacancies & assist them grab the best opportunities
Webinars & Guest Lectures
1 Year free access to all our events
Assist in Job Readiness
On-demand help in resume building & mock interviews to grab the best opportunities
Access to Premium Content
1 Year Free Access to our Premium Infographics, Newsletter & Technical content
Community Support & Networking
We keep the actuarial community active and connected, so this family only gets larger with time
How LI-AMPA Program Works ?
Step 1 : Learn Sequentially
Complete Modules
- Access to 2 Modules Every Week
- 22 Comprehensive Modules
- 250+ Hours of Learning
- Additional : Case Studies, Assignments, Quizzes & Bonus Material
Step 2 : Implement
Certification Assignment
- Submit the Final Assignment
- Get Improvement Feedback
Step 3 : Badge
Get LI-AMPA Certified
- Block-Chain Digital Certificate
- Verifiable & Sharable
Access to High-Quality Content Platform
Contains Multimedia Content
Video | PDF | Text | Downloadable Content | Interactive quizzes
Well Designed Dashboard
Clean Interface | Structured Modules | Tracks Progress
Transcripts Available
For those whose primary language in not English
Accessibility
Learn from any location | Secure login
Who benefits from this course
Actuarial Students, Job-Seekers & Working Professionals with a zest for an extraordinary career
University and Actuarial exams teach a lot of concepts theoretically. In this course, you will implement those concepts intersecting together to form a complex actuarial model & pricing the products. Learning happens through practical & real-world projects, examples and assignments.
Faster career growth
This certification reduces your training period from 4 years (Learning on the job) to just 6 months. This helps you outperform your peers and achieve faster growth
Better understanding of different types of actuarial work
Once you join the job, it requires you to focus on a very narrow section of the overall process. This certification will help enhance your overall understanding of actuarial work and perspectives of different stakeholders involved.
Job hunt will be easier
Our certification courses will uniquely place you with a competitive edge against your peers.
Help you pass actuarial exams
Hands-on practical learning from this course will enhance your learning process of actuarial content.
Keeping up with technological advancements
Time saved from training can be used to learn new-age technologies like Data Science, Blockchain and AI.
Trusted community
Becoming a part of an active global actuarial community early in the career will help in networking.
Learning at job is slow and increasing competition with technological advancements can make you redundant. Focused and practical learning through a well-designed course will enhance your actuarial skills.
Faster career growth
Additional effort in upskilling yourself will obviously set you apart from your peers and outperform the expectations.
Better understanding of different types of actuarial work
Job requires you to focus on a very narrow section of the overall process. This certification will help enhance your overall understanding of actuarial work and perspectives of different stakeholders involved.
Make favorable career changes
Many actuarial professionals are stuck in the role that does not fit with their actuarial dream. Credentials from this course will make you a strong candidate for shifting roles as you wish.
Help you pass actuarial exams
Hands-on practical learning from this course will enhance your learning process of actuarial content.
Trusted community
As part of alumni group, you will be part of an active global actuarial community where you can learn and share with community.
Accreditation
Recommendations & Testimonials
Senior Actuaries From Top Companies & Students from Best Universities Across the Globe Recommend Our Courses
What Senior Actuaries Say
Senior actuaries express a strong preference for candidates proficient in building actuarial models, understanding insurance products, and utilizing relevant software. They are impressed by LIAMPA's curriculum, recognising that these practical skills make students job-ready from day 1, while also significantly reducing their training efforts
Read Their CommentsWhat Our Students Say
LIAMPA alumni report landing better-paying jobs, receiving more job offers, and accelerating their exam success, thanks to increased confidence and practical understanding. Many have impressed employers with their newfound knowledge, while others have successfully transitioned to more fulfilling roles
Read Student TestimonialsCourse Fees
We accept all popular debit and credit cards. For a few geographies, we also offer an instalment payment option.
- Access to 22 modules for 180 days
- Doubt Resolution
- Access to our premium content
- 1 year free access to our webinar and events
- Assistance to find and become job ready
- Supportive Community
FAQs : LI-AMPA Certification
No. Although this course focuses on Life Insurance Products, but most of the actuarial concepts and methods remain the same across different lines of business. At this point, understanding the core actuarial work is more important that the actual calculations because that can be easily adapted.
After this certification, you will be able to build actuarial models for insurance products and use it to project cashflows, calculate reserves, price the product, build financial statements & analyze the results.Infact, you will be able to build financial models for non-insurance products too.
This is a sequential program, where you will get access to 2 modules every week. Within 90 days you will have access to whole course material. We have designed the structure to make sure students donot skip the content and assignments for the sake of completing course quickly.
MS Excel - the most popular software used worldwide.
Absolutely yes. Its correct that most large companies use licensed software. But, excel model is still widely used as independent checking & reviewing tool. Once you understand the implementation of actuarial concepts in excel model, its just a matter of knowing the software navigation in specialized softwares.
Reviews from students who have taken EdvanceSkill courses and the LIAMPA certification program include numerous stories about how people have been able to advance their careers. There is a proven track record of EdvanceSkill graduates marking successful transitions into the careers of their dreams and this is based largely on the resources that we make available to our students upon enrolment. Our training is designed to be fully practical and simulates the experience of being trained as a professional actuarial analyst. Additionally, we offer a wealth of information through our newsletter, bonus material & regular updation of the course. The unique blend of all these elements is what sets us apart when it comes to giving you all the tools you need to create a successful career as actuarial professional.
No. Infact, completing the course early creates a solid foundation to grasp the new actuarial concepts better, because you will have practical know how to visualize it. And, this can help you clear actuarial exams with better learning & lesser efforts.
This program is based on the experience of senior actuaries. Yes, you can self-learn but you might already know its a slow process. In early years, jobs offers narrow focus on small parts of bigger projects. That makes it very difficult to get a high-level understanding of what is going in other actuarial functions. Learning fast is a choice based on how ambitious you are for your actuarial career!
Upskill With LI-AMPA Certification
Earn your certificate
Our programs are exhaustive and this certificate is proof that you have taken a big leap in mastering the skill
Differentiate yourself with this certificate
The knowledge and skills you’ve gained working on projects and case studies will set you ahead of the competition
Share your achievement
Boost your resume, share on social media & get noticed by recruiters
